Bunker Hill-Waterbury CT Real Estate Market Report for January 2014
What does the real estate market look like in the Bunker Hill neighborhood of Waterbury, CT? Well, it appears that the Bunker Hill neighborhood of Waterbury, CT starts off the new year right where it left the last one, with average sale prices lower than what they were last year, and at relatively the same average as last month. The volume of both pending sales and homes sold continue to remain the highest in the city, so that gives hope to sellers going forward as the year progresses.
There are 68 Bunker Hill-Waterbury CT homes for sale, with an average listing price of $136,677 and a median listing price of $135,000.
There are 18 pending sales (under contract), with an average asking price of $108,656 and a median asking price of $116,700.
6 homes were sold in Bunker Hill-Waterbury CT in January 2014, with an average sale price of $109,850 and a median sale price of $115,000. By comparison, in January 2013, 7 homes were sold in Bunker Hill-Waterbury CT, with an average sale price of $121,164 and a median sale price of $134,900.
The chart below shows the difference between the listing and sales prices for the homes sold in January, as well as the number of days that those properties were on the market before an offer was made and accepted.
So, what should I take away from all of this information? Well, that depends on if you are a buyer or a seller. If you are a seller, you can see how long, on average, it will take to sell your home, the relative price ranges for homes like yours in your neighborhood, and the amount you should expect to receive for your home, provided that it is correctly priced and has gained a buyer's interest due to its curb appeal and other factors. If you are a buyer, this tells you how many homes there are on the market in this neighborhood and what price range the typical home in this neighborhood sells for.
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Are you looking for a home in Bunker Hill-Waterbury CT? Click on Bunker Hill-Waterbury CT homes for sale to search for homes in your price range.
For further information about the Bunker Hill-Waterbury CT market and to determine if this is the right time to sell, call me at (203) 558-7463(203) 558-7463 to receive a free home evaluation and a list of tips that will help you prepare your home for sale. I look forward to discussing with you Bunker Hill-Waterbury CT homes for sale.